Interest Rate Cut (2025)

[arista]

It was 5:25%

now 5%

So this is now the start of going down

Labour now in power

[Cherie]

Bah

[joeysteele]

This was sort of expected last month.
It was only really held off until after the election.

[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-8e2177f8-d4d7-413d-8445-440232f266d9.png

[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-f5bd33dc-e171-4dd6-9639-7db317c48414.png

[Zizu]

Before you Labour lovers get all excited ..

The drop if you have a £125,000 mortgage means you will pay just under £17 less each month ( £4.25 week)


Sent from my iPhone using Tapatalk Pro

[arista]

Yes could be another cut
to 4:75%, next month.

[Zizu]

Yes could be another cut
to 4:75%, next month.


Wow

Another £4 a week


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[Gusto Brunt]

Sunak must be kicking himself he called the Genereal Election so early. :p

[arista]

Bank of England
has cut the Interest Rate to 4.5%


It was 4.75%

[arista]

https://liveblog.digitalimages.sky/lc-images-sky/lcimg-f7008917-68c0-4d0f-a7d8-f3361a51e0a7.png

[arista]

BBC News Text:
[ Its lead story says more than 30 banks
and building societies have cut the rates
on their savings accounts since interest rates
were cut last week,
giving customers worse returns than before.]

https://ichef.bbci.co.uk/ace/standard/976/cpsprodpb/a38f/live/f0c856b0-e8c4-11ef-bd1b-d536627785f2.jpg.webp

[arista]

Another 0:25 Cut 8/5/25


From 4.5% to 4.25%

[arista]

Another 0:25% Cut 7/8/25

4:25% to now at 4.0%


https://www.bbc.co.uk/news/live/cedvn267z0jt